Penn Traffic Losses Widen in Q2

Penn Traffic Co. here yesterday posted a loss of $7.3 million for the second quarter, compared with a loss of $3.4 million in the year-ago period.

SYRACUSE, N.Y. – Penn Traffic Co. here yesterday posted a loss of $7.3 million for the second quarter, compared with a loss of $3.4 million in the year-ago period.

Same-store sales fell 6.8% for the most recent quarter, which ended Aug. 1. Revenues were down about 8.5%, to $208.8 million, following the closure of seven locations since the year-ago quarter.

Through the first half, revenues at at the 79-store retailer, which operates the P&C, Quality and BiLo supermar

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